TagTrace Mayer

Proof of Keys: Several Exchanges Said to Be “Failing” Bitcoin Ownership Event

HitBTC are apparently not the only ones who are “failing” the Proof of Keys event today. The event is intended to prove the Bitoin solvency of each exchange. Every user is encouraged to withdraw all Bitcoin to private keys that they control. However, according to Trace Mayer and the Proof of Keys’ event’s official page, in addition to HitBTC, several exchanges had issues leading up to or on the...

Investor Predicts Bitcoin Price to Hit $27k in Four Months

Bitcoin price

A bitcoin investor and podcast host has predicted that the price of bitcoin will increase to over $27,000 in four months time. Trace Mayer, who proclaims to be an entrepreneur, investor, journalist, monetary scientist and ardent defender on his website, took to social media to make his prediction. According to him, by February 2018, bitcoin's value will be worth $27,395. Host of The Bitcoin...

Andreas Antonopoulos: Ignore the Drama, Bitcoin Stronger Than Ever

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Andreas Antonopoulos, the author of “Mastering Bitcoin,” urges the bitcoin community to ignore all the drama caused by scalability and the block size and focus on its continued strength and growing innovation. The renowned bitcoin advocate voiced his views on Trace Mayer’s Bitcoin Knowledge Podcast. Bitcoin’s technology is its most important feature, the author said, and the technology has...

UC Law Professor Sees Bitcoin Becoming a Tax Haven for the Gig Economy

Tax evaders stunned by the Panama Papers leak are likely to see bitcoin as a tax haven, according to a California law professor reported. Bitcoin wallets have no physical presence, and they do not require expensive assistance to create and maintain. Bitcoin is especially attractive to workers in the gig economy who exchange skills for money. So far there is no effective enforcement method for...

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